In April 2020, the College of the Holy Cross signed and returned to the Department of Education (Department) the Certification and Agreement under Section 18004(a)(1) of the Coronavirus Aid, Relief, and Economic Security (CARES) Act to provide Emergency Financial Aid Grants to Students. Pursuant to this Certification and Agreement, the College acknowledges an additional award of $959,873 authorized by the Coronavirus Response and Relief Supplemental Appropriations Act (CRRSAA) for Emergency Financial Aid Grants to Students and provides assurance that the College has used this award to continue to support students who have an exceptional need due to the coronavirus.
This data is valid through March 31, 2021.
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TOTAL (FINAL) |
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The total amount of Emergency Financial Aid Grants distributed to students under the CRRSAA(a)(1) program |
$959,573 |
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The estimated total number of students eligible to receive Emergency Financial Aid Grants to Students under the CRRSAA(a)(1) program |
1,671 |
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The total number of students who have received an Emergency Financial Aid Grant to Students under the CRRSAA(a)(1) program |
1,237 |
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The method(s) used by the College to determine which students receive Emergency Financial Aid Grants and how much they would receive under the CRRSAA (a)(1) programs |
Remaining funds available from the CARES Act were combined with resources available through the Coronavirus Response and Relief Supplemental Appropriations Act (CRRSAA) and the College offered a one-time grant to full-time students who meet the Department of Education’s eligibility requirements. The amount of the grant was determined by considering Pell eligibility, federal expected family contribution (EFC), work study award for the spring, any appeals for financial aid made for the award year 2021 as of February 12, 2021 and other financial resources available to the student. Students with a Pell award will generally receive a sum equal to 50% of the 2021 spring Pell award amount. Students with an EFC of $37,500 or less will receive a grant between $350 and $500; those with the lowest EFC will generally receive the larger grant. Students with an EFC less than $37,500 who made an appeal of their financial aid award were also reviewed and considered for an additional grant. Each criteria was applied separately and summed to arrive at the total award for each of these students. Other students with an EFC greater than $37,500 and who were offered spring College Work Study received a one-time grant of $300. |
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Any instructions, directions, or guidance provided by the institution to students concerning the Emergency Financial Aid Grants. |
Read the March 4, 2021 letter. |